Lakes Of Carriage Hills Starts Sixth Building

May 19, 1985|By Glenn Hoffer, Real Estate Editor

The Lakes of Carriage Hills has broken ground on its sixth apartment building, with a total of 12 buildings planned in the condominium complex along Rock Island Road in Tamarac. Carriage Hills, which is nearly half sold out, features apartments priced from $54,990 to $74,990. . . Sales have been so good at Oriole Homes Corp.`s Cascades development in Lauderhill that construction completion on its ninth and 10th buildings has been moved ahead two months. Occupancy for the two buildings is now set for this summer instead of in the fall. . . The $26 million West Boca Medical Complex, under construction just east of U.S. 441 between Glades Road and W. Palmetto Park Road in the Boca area, is expected to be completed in November.

The new townhome community of Boca Rio will host a Summer Magic Fiesta from 1 to 4 p.m. today, with live music and free refreshments. People visiting the development today also can register for a drawing for an all-expense paid vacation for two to Rio de Janeiro. . . The May 21 meeting for the Real Estate Sales Directors of Florida (RESDOF) will be held at the Boca Del Mar Country Club in Boca Raton. Louis P. Benson will be the guest speaker, discussing the subject of personalizing selling techniques.

Four specialized housing products will be needed to meet the demands of the growing population of aging Americans through the middle of the next century, Michael L. Tenzer, chairman and chief executive officer of Leisure Technology, Inc., a producer of adult and retirement communities, says. He noted that active retirement, congregate, life-care and nursing care communities must be developed to serve a broad range of housing and health-related needs for older Americans. . . Development is under way on Mission Bay, a new water-oriented 565-acre planned unit development and Olympic-caliber swim club at Glades Road and U.S. 441 west of Boca Raton. Road work includes the extension of Glades Road for three-quarters of a mile west of 441 with a four-lane road. Devcon International has begun excavation of approximately 136 acres of lakes. Initial land, lake and road development is scheduled for completion within one year.

An upcoming section of Weston, the new 10,000-acre community just introduced by Arvida Corporation, will have three, and possibly four, golf courses, Sandy Miot, president of Arvida Southern, said during a recent press preview at Weston. That particular neighborhood is expected to be launched in about 18 months, he said. Weston is just south of State Road 84 and east of U.S. 27.

The average price for a typical, upscale American family home is $96,212 for a newly constructed home and $83,360 for a resale property, according to a spring survey of 100 communities by Better Homes and Gardens Real Estate Service. Findings are based on broker estimates of the cost of a three- bedroom, 1,600-square-foot home with one-and-a-half to two baths, located in a desirable neighborhood. For new homes, the average is as low as $55,000 in El Paso, Texas, and as high as $340,000 in Long Beach, Calif. Miami`s $91,500 is just under the national average.

Patrick E. Law, president of EquiNational Properties Corp. and American Realty Development Corp., says that construction of the first phase of a $60 million luxury hotel, office, restaurant and marina complex at I-95 and Griffin Road, adjoining the Fort Lauderdale-Hollywood International Airport, is expected to begin in early 1986. The initial phase will consist of a 300- room hotel, marina and 100,000 square feet of office space.

A complete sellout by this summer is a possibility for the Villager Townhomes and Villas, according to the developer. The complex, at 4700 NW Ninth Ave. in Pompano Beach, will have 108 homes upon completion. . . Provence at Boca Raton has been holding a sneak preview of its models. The community at Verde Trail South and St. Andrews Boulevard in Boca features villas with the charm of southern France, priced from $101,000.